Next is appraisal reform. Appraisals are going through the roof. And a reason for that is because Current Texas law allows property taxes or the appraisal of property tax property to go up 10% a year. That must change. Because 10% a year compounded just makes your property taxes go through the roof. We must reduce that 10% per year appraisal increase to no more than just 3% a year. (05:02–05:12)
CLAIM
Asserts that Texas law permits annual property tax appraisal increases of up to 10%.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
